Call reports 2021
COVINGTON SAVINGS AND LOAN ASSOCIATION, THE — 2021
What COVINGTON SAVINGS AND LOAN ASSOCIATION, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 82,864,000 | 84,488,000 | 84,865,000 | 85,537,000 |
| Total loans | 41,583,000 | 42,074,000 | 42,663,000 | 42,545,000 |
| Allowance for loan losses | 205,000 | 205,000 | 205,000 | 205,000 |
| Securities available for sale | 4,886,000 | 5,721,000 | 4,542,000 | 4,453,000 |
| Securities held to maturity | 6,718,000 | 6,449,000 | 6,298,000 | 6,220,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,819,000 | 72,412,000 | 72,777,000 | 73,480,000 |
| Interest-bearing deposits | 61,821,000 | 62,499,000 | 63,687,000 | 65,386,000 |
| Noninterest-bearing deposits | 8,998,000 | 9,913,000 | 9,090,000 | 8,094,000 |
| Equity capital | 11,756,000 | 11,789,000 | 11,804,000 | 11,834,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 485,000 | 952,000 | 1,416,000 | 1,867,000 |
| Interest expense | 26,000 | 47,000 | 65,000 | 81,000 |
| Net interest income | 459,000 | 905,000 | 1,351,000 | 1,786,000 |
| Noninterest income | 40,000 | 78,000 | 121,000 | 162,000 |
| Noninterest expense | 430,000 | 860,000 | 1,294,000 | 1,718,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 123,000 | 178,000 | 230,000 |
| Income tax | 14,000 | 24,000 | 35,000 | 46,000 |
| Net income | 55,000 | 99,000 | 143,000 | 184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,701,000 | 11,745,000 | 11,776,000 | 11,818,000 |